Paytm, mobile commerce platform said that it will be hiring about 3,000 employees for its payment bank operations by June next year.
The Reserve Bank of India (RBI) has given an ‘in principle’ approval to 11 entities to run payment banks in August.
These entities have 18 months for starting operations.
Paytm Vice President Amit Sinha said that “Hiring for Paytm’s Payment Bank is a key focus area. We have planned to get on board about 3,000 people from banking and non-banking backgrounds like FMCG, telecom, consulting etc.”